The popularity of telehealth continues to grow, providing healthcare services usually provided at the facility, according to an article on the Healthcare Construction + Operations website.
If this trend continues, hospital systems will no longer need new buildings to hold patients and provide services.
A Los Angeles-based market research firm, IBISWorld has said that the revenue for telehealth will increase drastically, by almost 40 percent a year, through 2020 to revenue of $3.5 billion.
“The industry has clearly hit a point where consumers are demanding it, employers see it as a cost savings, and insurers are more and more pushing it as a benefit. We think it’s going to grow tremendously,” said Ryan Daniels, analyst with William Blair & Co., in a statement.
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